rts logo

Are we looking at the next big move in EBay Inc. (EBAY)?

EBay Inc. (NASDAQ: EBAY) is 43.90% higher on its value in year-to-date trading and has touched a low of $37.17 and a high of $67.80 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EBAY stock was last observed hovering at around $62.99 in the last trading session, with the day’s loss setting it -0.22%.

Currently trading at $62.77, the stock is -3.79% and -0.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.65 million and changing -0.35% at the moment leaves the stock 17.03% off its SMA200. EBAY registered 65.23% gain for a year compared to 6-month gain of 21.79%. The firm has a 50-day simple moving average (SMA 50) of $62.9108 and a 200-day simple moving average (SMA200) of $53.63365.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a -3.59% loss in the last 1 month and extending the period to 3 months gives it a 12.88%, and is -0.87% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.60% over the week and 1.62% over the month.

EBay Inc. (EBAY) has around 12300 employees, a market worth around $30.69B and $10.20B in sales. Current P/E ratio is 12.24 and Fwd P/E is 12.01. Profit margin for the company is 26.39%. Distance from 52-week low is 68.87% and -7.42% from its 52-week high. The company has generated returns on investments over the last 12 months (22.37%).

with sales reaching $2.55B over the same period.The EPS is expected to grow by 13.94% this year, but quarterly earnings will post 2.00% year-over-year. Quarterly sales are estimated to grow 1.80% in year-over-year returns.

EBay Inc. (EBAY) Top Institutional Holders

1427.0 institutions hold shares in EBay Inc. (EBAY), with institutional investors hold 97.29% of the company’s shares. The shares outstanding are 517.00M, and float is at 487.33M with Short Float at 4.33%. Institutions hold 97.03% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 62.08 million shares valued at $3.34 billion. The investor’s holdings represent 12.0319% of the EBAY Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 38.51 million shares valued at $2.07 billion to account for 7.464 of the shares outstanding. The other top investors are AMERIPRISE FINANCIAL INC which holds 25.96 million shares representing 5.0318% and valued at over $1.39 billion, while STATE STREET CORP holds 4.6052 of the shares totaling 23.76 million with a market value of $1.28 billion.

EBay Inc. (EBAY) Insider Activity

The most recent transaction is an insider sale by Priest Stephen J, the company’s SVP, Chief Financial Officer. SEC filings show that Priest Stephen J sold 1,167 shares of the company’s common stock on Oct 16 ’24 at a price of $66.63 per share for a total of $77757.0. Following the sale, the insider now owns 65079.0 shares.

Still, SEC filings show that on Oct 07 ’24, IANNONE JAMIE (President and CEO) disposed off 5,625 shares at an average price of $66.56 for $0.37 million. The insider now directly holds 553,666 shares of EBay Inc. (EBAY).

Related Posts